[SYDNEY] Australia's government called for more banks to challenge the industry's oligopoly on Friday, after the country's top economic adviser said the "Big Four" lenders...

[SYDNEY] Commonwealth Bank of Australia (CBA) and Australia and New Zealand (ANZ) Banking Group have halted sales of complex pension products without proper advice to banking customers at their...

COMMONWEALTH Bank of Australia (CBA) said it would hive off its wealth management and mortgage broking businesses, and explore whether to divest its general insurance arm, as it narrows its focus...

[SYDNEY] Commonwealth, Australia's biggest bank, announced plans on Monday to spin off its wealth management and mortgage-broking arms as it looks to streamline operations and focus on core...

[SYDNEY] Australia's biggest bank on Wednesday admitted to "unconscionable" behaviour and agreed to pay A$25 million (S$25 million) after a rate-rigging case was brought against it by...

[SYDNEY] Commonwealth Bank of Australia (CBA) has acknowledged it treated customers unfairly as a powerful inquiry into the scandal-hit banking sector that has uncovered serious misconduct and fraud...

[SYDNEY] Commonwealth Bank of Australia chief executive Ian Narev knew that a system of financial incentives to reward mortgage brokers could hurt customers but failed to act, an inquiry into...

[BENGALURU] Commonwealth Bank of Australia on Friday denied most of the 100 additional claims made against it in a major lawsuit by Australia's financial intelligence agency regarding breaches...